Changes in Hong Kong stocks | Nexteer (01316) opened nearly 7% after the results, profit attributable to medium-term equity holders increased 35.17% year over year, and officially launched HMDD

The Zhitong Finance App learned that Nexteer (01,316) was nearly 7% higher after the performance. As of press release, it had risen 6.81% to HK$4.785, with a turnover of HK$1.377 million.

According to the news, on August 12, Nexteer announced its 2026 interim results, with revenue of US$2,329 billion, an increase of 3.86%; the company's equity holders should account for profit of US$85.806 million, an increase of 35.17%; and earnings per share of US$0.034.

Also, according to market media reports on August 12, Nexteer officially launched a high-profile direct drive wire-controlled steering feel simulator (HMDD). By combining high-mounted motor arrangement, direct drive response speed, and central hub design, HMDD achieves greater design freedom, high-quality steering feel, and scalable integration capabilities across model platforms. HMDD further strengthens Nexteer's wire-controlled steering product portfolio, which is rooted in the company's broader Motion-by-Wire™ wire-controlled motion control chassis strategy, covering steering, braking, rear-wheel steering, and software-defined motion control.